The New York Daily News demonstrated just how easy it is to steal a BUILDING when they drew up phony paperwork and had the ownership of the Empire State Building transferred to Nelots Properties, LLC. (Stolen, spelled backwards).
"The News swiped the 102-story Art Deco skyscraper by drawing up a batch of bogus documents, making a fake notary stamp and filing paperwork with the city to transfer the deed to the property.
"Some of the information was laughable: Original "King Kong" star Fay Wray is listed as a witness and the notary shared a name with bank robber Willie Sutton."
Although such a famous building wouldn't go unnoticed for long, it demonstrates how crooks can - and have- used falsified deeds to gain cash taken out against the property value.
"The FBI says financial institutions filed 31% more Suspicious Activity Reports involving mortgage fraud last year than in 2006. Nationwide, lenders' losses totaled $813 million, and New York was one of the top 10 mortgage fraud states."
No comments:
Post a Comment